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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magical way you can earn Bitcoins or make money from it easily. Im sorry to burst this bubble, but Bitcoin is just like any other currency out there.

While cryptocurrencies in general may hold a few new possibilities for generating income that the fundamentals are the exact same youll need to invest cash, or money in order to generate money.

All of the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, which means that you can rest assured were talking from experience. Lets get started

One of the cheapest, easiest but also most time consuming ways to actually earn Bitcoin is through micro earnings. This means that youll basically be doing little jobs and earning fractions of a coin for your period you spend.

Some of the well-known micro earnings sites are Bitcoin faucets sites that you repeatedly go to every couple of minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of all PTC websites, PTC meaning Pay . PTC sites will usually have you click on an ad or on a button on the site in order to generate money from ad sales.

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From our calculations, if you work non stop at clicking buttons youll average anywhere between 5-40 cents an hour. Not sure thats worth your time or even the electricity for running your computer.

While participating as a faucet user might not earn you a great deal of money, owning your own faucet is an entire different story. Now, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

At 99Bitcoins we have been running our own faucet for just about 3 years now. Depending on the advertisers youre using and the amount of traffic you have you can make up to $1000/month running a faucet.

However, running a faucet requires a reasonable amount of time and effort. Youll need to set up your own website, manage users, prevent fraud and bring some initial capital to fund the faucet when starting out. Heres our beginners guide to running a faucet.

Somewhere around mid-2014, BitcoinTalk, a leading Bitcoin forum,  began running signature campaigns. In other words, you can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The complete collection of campaigns can be seen on the forum itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone using a status less than complete member wont get paid that much, if at all. To become a complete member, youll need at least 120 Visit Your URL articles under your belt. There are also limitations on posts; for example length, original content, and much more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make around $5 an hour depending no just how much you write and your membership level. This, clearly, does not check this site out include the number of articles you need to write in order to earn the mandatory membership amount on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price is reduced and sell it when the price increases.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend a substantial amount of time learning how to trade and the way to overcome the many dangers involved with trading. Successful traders know they might get rid of money in the short term but they consider it as an investment in their own education, since they are aiming for the long run. .

If you want to become a dealer make sure you've got sufficient time and capital to invest in great trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are people who market a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and providers have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that service or product.

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Naturally there are many ways you can promote your affiliate link you can share it on Facebook, run ad campaigns on different websites or even create your own information website and promote your links within your content.

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